Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on Tranche A or, in the case of Tranche B, an Advance under that Tranche in respect of an Interest Period applicable to it shall be the aggregate of: (a) the Margin; and (b) the Mandatory Cost (if any); and (c) LIBOR.
Appears in 2 contracts
Sources: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Tranche A or, in or the case of Tranche B, an Advance under that Tranche Loan in respect of an Interest Period applicable to it shall be the aggregate of:
of (ai) the applicable Margin; and
, (bii) the Mandatory Cost (if any); and
) and (ciii) LIBORLIBOR for that Interest Period.
Appears in 1 contract
Sources: Second Amending and Restating Deed (Global Ship Lease, Inc.)